ORC Land Properties and Investments Ltd. acquired 18.68% stake in I.C.P. Israel Citrus Plantations Ltd. (TASE:CTPL5-L) from Tao Tsuot Ltd. for ILS 14 million on August 9, 2016. ORC Land Properties and Investments Ltd. acquired 0.047 million shares of I.C.P. The transaction has been approved by the court of Lod. Portofino Investments Ltd. acted as financial advisors for ORC Land Properties and Investments Ltd. ORC Land Properties and Investments Ltd. completed the acquisition of 18.68% stake in I.C.P. Israel Citrus Plantations Ltd. (TASE:CTPL5-L) from Tao Tsuot Ltd. on December 4, 2016.